First National raises quarterly dividend to $0.19

Available on EDGAR 11/13/2026 - 09:49 AM EST Accepted by SEC EDGAR 11/13/2026 - 09:48 AM EST Learn about SEC filing dates

Rhea-AI Filing Summary

First National Corporation (FXNC) declared a quarterly cash dividend of $0.19 per common share, an 11.8% increase from the previous quarterly payment of $0.17 per share. The dividend is payable December 11, 2026, to shareholders of record November 27, 2026. President and Chief Executive Officer Scott Harvard said the company has increased its annual cash dividend payout every year for the past eleven years.

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• Moderate pointQuarterly cash dividend increased 11.8% to $0.19 per share.

Negative

• None.

8-K Event Classification

2 items: 8.01, 9.01

2 items

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

Key Figures

Quarterly dividend per common share: $0.19 per share Previous quarterly dividend per share: $0.17 per share Quarterly dividend increase: 11.8% +2 more

5 metrics

Quarterly dividend per common share $0.19 per share Declared November 12, 2026

Previous quarterly dividend per share $0.17 per share Previous quarterly payment

Quarterly dividend increase 11.8% Increase from the previous quarterly payment

Shareholder record date November 27, 2026 Eligibility date for the dividend

Dividend payment date December 11, 2026 Scheduled payment date

Key Terms

quarterly cash dividend

1 terms

quarterly cash dividend financial

"declared a quarterly cash dividend of $0.19 per share"

A quarterly cash dividend is a payment made by a company to its shareholders four times a year, usually based on its profits. It is like a regular bonus or reward for owning the company's stock, providing shareholders with income. Many investors see these payments as a sign of the company's stability and its ability to generate consistent profits.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How much is FXNC's quarterly dividend?

FXNC declared a quarterly cash dividend of $0.19 per common share, an 11.8% increase from the previous quarterly payment of $0.17 per share.

When will FXNC pay its latest dividend?

The dividend is payable on December 11, 2026, to shareholders of record on November 27, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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false 0000719402 0000719402 2026-11-12 2026-11-12

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

___________

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): November 12, 2026

___________

FIRST NATIONAL CORPORATION

(Exact name of registrant as specified in its charter)

Virginia (State or other jurisdiction of incorporation) 1-38874 (Commission File Number) 54-1232965 (IRS Employer Identification No.)

112 West King Street Strasburg, Virginia (Address of principal executive offices)   22657 (Zip Code)

(540) 465-9121

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock, par value $1.25 per share	FXNC	The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.

      Emerging growth company  ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

Item 8.01 Other Events.

On November 12, 2026, the Board of Directors of the Company declared a quarterly cash dividend of $0.19 per common share, which is payable on December 11, 2026, to shareholders of record as of November 27, 2026.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits. 

Exhibit No.	Description
99.1	Press Release dated November 12, 2026
104	Cover Page Interactive Data File (embedded within the Inline XBRL document)

2

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	FIRST NATIONAL CORPORATION
	(Registrant)
Date:  November 12, 2026	By:	/s/ Brad E. Schwartz
		Brad E. Schwartz
		Executive Vice President and Chief Financial Officer

3

Exhibit 99.1

FIRST NATIONAL CORPORATION ANNOUNCES 11.8% INCREASE

IN QUARTERLY CASH DIVIDENDS

STRASBURG, Va., November 12, 2026 (GLOBE NEWSWIRE) -- First National Corporation (the “Company” or “First National”) (NASDAQ: FXNC), the bank holding company of First Bank (the “Bank”), announced its Board of Directors declared a quarterly cash dividend of $0.19 per share to shareholders of record on November 27, 2026, to be paid on December 11, 2026.  This is an increase of 11.8% from the previous quarterly dividend payment of $0.17 per share.

“We are pleased to announce this increase in dividends for our shareholders based on our strong financial performance.  We have increased our annual cash dividend payout every year for the past eleven years,” said Scott Harvard, President and Chief Executive Officer of First National. 

ABOUT FIRST NATIONAL CORPORATION

First National Corporation (NASDAQ: FXNC) is the parent company and bank holding company of First Bank, a community bank that first opened for business in 1907 in Strasburg, Virginia. The Bank offers loan and deposit products and services through its consumer and business mobile banking platforms, a network of ATMs, one loan production office, a customer service center in a retirement community, and 28 banking offices located throughout the Shenandoah Valley, the Roanoke Valley, the Richmond MSA, and the south-central region of Virginia. In addition to providing traditional banking services, the Bank operates a wealth management division under the name First Bank Wealth Management. First Bank also owns First Bank Financial Services, Inc., which owns an interest in an entity that provides title insurance services.

CONTACTS

Scott C. Harvard		Brad E. Schwartz
President and CEO		Executive Vice President and CFO
(540) 545-7695		(540) 465-6130
sharvard@fbvirginia.com		bschwartz@fbvirginia.com

Filing Exhibits & Attachments

5 documents

Press Releases

• EX-99.1 EXHIBIT 99.1 6.2 KB

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA 3.5 KB
• EX-101 XBRL TAXONOMY EXTENSION DEFINITION LINKBASE 11.2 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE 15.0 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE 11.3 KB